Mumbai Indians paid more than 100 cr to Gujarat Titans to trade in Hardik Pandya - Reports

Hardik Pandya returned to Mumbai Indians from Gujarat Titans after spending two years.

Just a month ago, Indian Premier League witnessed the biggest trade deal in the history. Mumbai Indians roped in Gujarat Titans skipper Hardik Pandya in their camp with an all-cash deal that led to massive tremors in the league setup. Hardik Pandya started his IPL and professional cricket journey with Mumbai Indians and then led Gujarat Titans in the last two years.

Mumbai Indians roped in Hardik Pandya for INR 15 crores but it was expected that they might have paid a heavy amount to IPL 2022 winners and previous season’s runner-ups, Gujarat Titans. According to a few media reports, Mumbai Indians paid INR 100 crores as transfer fee in the trade deal. All the developments in the deal between MI and GT are enough to give a hints of changes in the game.

100 crores to Gujarat Titans for Hardik Pandya’s trade

Gujarat Titans have had two successful Indian Premier League seasons since their debut in 2022. Gujarat won IPL 2022 where they defeated Rajasthan Royals in the finals while they missed out on a successive title narrowly in IPL 2023 finals against Chennai Super Kings. Everyone credited Hardik Pandya for his leadership skills in making Gujarat a dominant force in IPL setup.

CVC Capitals owns Gujarat Titans who paid 5625 crores INR to be part of Indian Premier League for next 10 years. CVS Capitals will show big gain in their balance sheet at the end of the current financial year, all thanks to Hardik Pandya’s trade deal. Titans were reportedly not happy with Hardik Pandya and Mumbai Indians, as the franchise demanded strict rules on teams directly approaching players.

Mumbai Indians announced Hardik Pandya as the new leader of their camp. Hardik Pandya will replace Rohit Sharma as MI skipper. Hardik Pandya’s entry was not taken well into MI camp as Jasprit Bumrah and Suryakumar Yadav came out with a few cryptic social media posts indirectly targeting Hardik Pandya. Mumbai had two poor seasons in the league when Pandya was away in Gujarat.

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